[Music] [Applause] [Music] all right what's up everyone swinging bull here with PB alerts Welcome to My Stream I usually do a earning stream every Wednesday but there just wasn't anything worth streaming as far as bigname companies go um and bigname stocks so um kind of just going to do a little market analysis we'll talk about GameStops earnings a little bit then there is another ticker that I wanted to go over um it's a company that does cancer research so we'll take a look at that and then uh yeah probably stream for like I don't know 20 30 minutes and kind of go from there so GameStop reported earnings yesterday um they did get a negative reaction and um basically just to kind of summarize what happened they actually did beat the forecasted earnings they beat EPs and they they beat the forecast Revenue the problem was uh was their year-over-year revenue um Decline and uh we'll kind of go over that here right now um but basically they reported revenue of 798 million um and and and they actually did Mi miss the revenue that's what I was so that they reported 798 million the forecast was 8956 million so they missed the revenue forecast by quite a bit and what I was thinking of um what's the year-over year numbers because I believe the year-over-year numbers um I I got that on another page over here but it was here let's bring this over um basically yeah here we go so the the net revenues the year-over-year numbers uh so they came in 798 million this time and uh compared to one year ago it's 1.16 billion so let me um let me share my screen real quick on the Discord so everyone can see there we go okay so hopefully everyone can see that on the Discord but um that's really what hurt them I in my opinion is is they missed the revenue forecast and the year-over-year numbers were were pretty bad and um their forecast EPS was 1 cent um it did come in at 4 Cent so they did beat EPS but um the same period uh last year they posted a loss of 2.8 million but it's it's really the the revenue is what got them in my opinion and um just to kind of go over a summary real quick so the Q2 2024 Revenue fell 31.4% um missing expectations um but the the earnings did exceed the forecast um but it highlights a significant sales drop despite the bottom line improvements and and just that significant sales drop is really would hurt them um this is from uh Seeking Alpha but the company's Bleak future stems from missed opportunities to reinvent itself with declining hard Ware software and collect Collectibles sales um hurting them um they they do have a robust cash position which would prevent bankruptcy for the time being but core operations lack um sustainable future justifying a continued cell rating and that's kind of what was happening is a lot of analysts were coming back in reaffirming the sell rating and they just missed Revenue pretty hard um so even despite the ccial improvements the company's in inability to find a new focus and declining sales it signals um trouble ahead for for GameStop so um just just be careful with it and um let me look at uh some other news real quick okay um so let me just X out of this real quick and um so you know it's not looking good for GameStop I'm thinking about actually doing a short position on it at some point um and kind of go from there but um just taking a look at the overall Market yeah let me make sure I didn't miss any questions um yeah that's right stickman on on Discord that's right um oh so you thought about buying GameStop yesterday but I'm assuming you didn't um which is good so yeah like with the earnings even if they hit their mark it wouldn't even have mattered you know so and that's what we were just talking about they they um they missed revenue forecast they did meet EPS forecast but the decline in Revenue it just kind of hurt them bad and also with GameStop they did um they did do a 20 million share offering which is almost half a billion dollars um they did it at the market so 20 million shares um I think it was around 23 bucks when when they did it so that's $460 million offer they just did um so that that's definitely not good um their current float right now is 33.261778 [Music] and you you can you can see the net income here and they they have a good quarter every now and then the year-over-year numbers were were good um leading up to the earnings that they just announced but um year-over-year numers not good and missed Revenue by quite a bit did the asset 49% not too bad but anyways that's why we're seeing continued selling also um from yesterday um into today because they announced the D a 20 million um stock offering at the market stock stock offering so that definitely um contributed to their selloff okay and they are eyeing uh More Store closures and sales fell 31% so it's just not really good earnings at all from Gamestop overall with Revenue um but let's um actually have an open trade on Nidia so the cash put on it it's performing pretty well today Nidia had a good opening had a good open to about one almost 112 sold off to 107 and some change and then just vshape recovery just came out the gates flying after that they're s they closed at 11 1678 up 8% on the day so solid 8% Green Day on Nidia my current trade expires on September 20th um so we'll see what Nvidia does if it keeps on uh rallying um I'll probably um take profit on my cash put early possibly uh we'll see how it goes but really enjoying the Nvidia price action and I'm having a lot of fun with it I did want to go over real quick um I I actually was doing the wheel on Neil and um you know I know it's not really a good company they're bringing cash every quarter they're not profitable this and that but my a I have 2,000 shares with an average of $416 s so um I I was able to uh get my average down quite a quite a bit and um this was before they they rallied um so now they're sitting up here at $5 they closed the regular session $561 um sitting at 552 and after hours but looks like I'll be able to obviously get out of this with profit and I'm pretty happy with the way that's going um let's just take a quick peek what time is it almost 410 okay um just want to take a quick peek at the overall markets here and then I want to talk about a um a new ticker I was looking at um that they they do cancer research and we'll kind of wrap it up with that but um a lot of the big hitters nice and green today obviously Nvidia Microsoft was up apple green Google green metag green over 1% Amazon was up semiconductors had a solid day and um you know I was looking at the sector information obviously Tech was at top um which you know you'll see the NASDAQ was also pretty green today we scroll up over here I mean S&P was up uh over 1% NASDAQ up 2% thanks to the tech companies running today the Dow was green 3% vix dropped by 6% now only at 1781 10-year yield green and the dollar Index slightly green um but Tech was definitely leading the pack today followed by consumer discretionary so kind of gives me the feeling this was a risk on day today obviously you have a lot of the risk off stuff down here at the bottom like Consumer Staples energy healthc care real estate even Industrials was a little little red today um but definitely a risk on type of day so that was fun to see as far as the economic calendar we did have CPI data this morning and um it it did come in cooler than expectations CPI year-over-year the previous reading was 2.9% the forecast was 2.6% and it came in at 2.5% so cooled a little bit there um course CPI year-over-year basically just came in line there um but tomorrow we have the other part of the inflation data which is the producer price index so PPI and um that's at 8:30 in the morning and kind of a double whammy because we got jobless claims at 8:30 a.m. as well so just be careful tomorrow morning pre-market jobless claims and PPI inflation data at the same time so um you know I think tomorrow morning might be a bit of a market mover um we'll see and I mean just look what Spy did today kind of sold off right at open and then uh ended up rallying to 554 um sitting at 554 58 right now in after hours um so that's tomorrow morning jobless claims and PPI inflation data okay next week is the big Powell meeting um the big J Powell meeting and that's next Wednesday September 18th it's the big interest rate meeting um and this inflation data was going to um kind of depict whether it was going to be like a bigger rate cut like maybe maybe half of a percent like 0. five or is it only going to be 0.25 and um you know inflation coming in a little bit cooler um you know I they're probably just going to do the smaller rate cut it's 0.25 and um we can actually look at what the projections are I'll go to my um CME fed watch tool and I'll post this link in the in the Discord if anyone wants to bookmark this um but it's it's a really neat chart that kind of gives the um percentage on what kind of rate um interest rate change there's going to be um so any let me post that in the Discord for everyone um so got a 85% um that the rate's going to stay between 500 and 525 okay um and then 15% says it's going to go down to 475 to5 um so you know we'll we'll see um I think they're going to reduce it by 0.25 and then that's going to be next Wednesday okay at 2 pm Eastern um is the actual interest rate decision and then at 2:30 p.m. is power press conference so there you we might get a move at 2m and then there could be a secondary move once pal starts talking um so we'll kind of just you know follow that as it goes on and then um what else we get next Tuesday uh retail sales next Thursday after the FED meeting more jobless claims um so we'll see what what all that comes in at but um it's been a been a fun week so far the week's about half over um so we'll see what what's going to happen going into next week uh let's go back here did see um let's who else what's having a good day today I was looking at um airm airm was up almost 8% today so they caught a bid today and I was looking for news and um I guess some analysts are kind of comparing them to upstart so maybe there's some upside with a firm or something like that but um they caught a bid today up 8% and um I mean in pre-market they were down to $36 and um gained almost $4 a share today during the regular session still got quite a quite a big buy side imbalance on the order book um even in after hours right now look at that got this order right here at $40.25 it's a size of $2,987 that's just kind of sitting there right now um let's see if uh let's see what happens happens with that order but um let me look also look at Roku Roku had a had a really good day today as well and um you know they just been on a tear so they were up almost 7% today and uh still holding up here in after hours so that was pretty good to see there um let me go back to uh I just want to see what AMD um ended up doing because they they have been rallying um uh you know a little bit lately and oh yeah I drew this out yesterday because you know they made this load to 12183 that was back in early August and they ended up rallying to $161 and some change so 40 $40 per share gain just during that time and it was only like two weeks of price action and it made a $40 move to the upside pulled back recently um last Friday more specifically um but Monday's price action got a nice inside bullish bar here um so that can indicate that uh oh yeah look even we both says it's an inside bar so um anyways in bullish inside bar that was on Monday followed up by a nice green confirmation candle there and then of course today's price action so um obviously I'm I'm looking at this 132 level around there low low 130s doesn't have to be to the penny but um looking for basically the pre prior low was in the low 120s if we can get this low secure here the low 130s it looks like we're good um that could be a higher low and then um I'll just be waiting for Price action to kind of break up here above 160 to to get the higher high and then um you know that that's going to be looking good for AMD so we'll see what happens um okay let me let me redo my um my screen on Discord and reset it um because some people are saying it's buffering so let me just reshare it again okay hopefully that works all right um but anyways it's uh that's the fun of using Discord streaming sometimes the screens don't work but all good no worries there let's actually on that note let's go over the um the ticker that I wanted to go over for the cancer research um let me go ahead and clock that in as well okay so this is a ticker that we've been talking about a little bit lately it's um ticker symbol OST TX okay it's a uh newly listed stock um just just got listed uh July 31st or I'm sorry August 1 was their first day being listed there uh let me go 4our chart so kind of basically just been Trading sideways um kind of been trading in a little bit of an uptrend there um just want to see what the trend Channel looks like okay yeah maybe something like that um so you know I'd be looking for the price action to get back into this channel so we we'll keep our eye on it but um just a couple things about the company so this is ticker symbol OST TX um the company's name is OS Therapies Inc they are located in the United States and they're clinical Stage B uh biopharmaceutical company the company's focused on the identification development and commercialization of uh treatments of Osteo saroma which is OS and other solid tumors so um you know this this uh anything cancer research OB obviously always catches an eye and and gets a little bit of hype here but um it built a pipeline of product candidates targeting multiple indications for solid caners this pipeline includes two drug Technologies which is OST um H2 and OST tadc so the H2 it's an off-the-shelf immunotherapy which is a type of cancer treatment that helps one's immune system fight cancer comprised of a Genet genetically weakened and modified strain of leria monocytogens a species of bacteria that causes the Infectious the sterios um got some pretty technical big here um but I I like the the company they they have more than one um uh product in their Pipeline and uh if you wanted to check out their website you can just click here it's OS therapies. and they actually has a lot of of neat information on their website um so basically in summary they target osteosarcoma and other solid tumors and and IT addresses unmet medical need in in kids and adults and I just read a little bit of the mission statement here a clinical stage therapeutic company focused on the identification development and commercialization of treatments of of os and solid tumors um it's uh OS it's extremely challenging often aggressive cancer that has particular treatment challenges due to location uh changing genotypes and high recurrence rat so it's important if this company can can um get an edge on on this uh osteosarcoma type of cancer this is going to be a big deal and um this just read a little bit of the goal so the goal for the companies to identified lead candidates in the treatment of os and solid tumors um and on their website it's got a nice um little graph here of of the the different products they have and of course we talked about OST H2 that's that's I think their main one and then they have the OST t a DC so you can see the different phases of of the trials that they're in so OS H R2 this was a k9 trial so so not on human trials yet um but that actually got approved and they're just seeking a a global partner before they move to human trials um and it looks like they already uh started human trials but they're still seeking a global partner um so this this you can just kind of see the breakdown of where they're at with the different trials and it's not all doom and gloom if one of their products you know don't you know fail or get bad results because they do have a a two products they're working on so it's not just a oneandone type company they got multiple ways that they can um you know make a difference so anyways that's ticker symbol OST TX just wanted to um touch on that a little bit I love what the company does and like I say if they can get an edge on cancer treatment it's definitely going to be a big deal um but it's a little after 4 it's 4:21 p.m. um let me see stickman on uh Discord U says I agree bull seems like it has a great um potential and uh anything for cancer is is really good um okay your dad passed away I'm very sorry to hear that stick man um so yeah absolutely if they can get some sort of Edge on cancer treatment with um Osteo saroma or basically solid tumors you know it's going to be a big deal and there's going to be a lot of eyes on it so um keep it on your watch list and keep your eye on the price action and uh again you can go to the website and see what stage and the different trials that they're on and stuff like that uh but with that said let me just take a quick peek at the um the profits that rolled in today from our Discord take a look at some of those and then um that'll probably be a wrap for this stream like I said I usually do earnings uh live streams but there just wasn't anything today that was worth um you know focusing on in streaming um this is from Agent 47 oh wow you're up 483 over $800 return um selling at open tomorrow all right well good luck with that you had tons of profit on the table that's amazing to see I love it um looks like this is another one from you uh spy call up over 200% this is all from today too Zach's lizard had some good gains here U on Nidia uh another one on the video um Zach's always crushing it so that's good uh BSB Dinger I hit this one just uh just right today so yeah that that was a nice um gain there bought at three for $376 cashed out for $446 so I love that uh looks like a nice profit on the video oh Baboo Chris got some good profit on gme more trades from Agent 47 everyone give a round of applause he's crushing it lately um let's look at this okay nice got uh trade history here um this a Bitcoin Tesla S&P um ethereum and soul wow big numbers there big gains that's awesome I always love to see the members making some good money rest uh Rags to Riches that's a program we got here over in the Discord and basically focusing on di uh dividends and passive income stuff like that uh look August couch profits I love it yeah this is this is some nice dividend payment um oh realy yeah they're they're a big dividend payer um uh all spring income opportunities fun uh and AT&T yeah I've been meaning to start the wheel on AT&T I'll probably just do a buy right strategy on it that way I can own shares right away and start collecting the dividend right away and then just generate some more income selling covered calls on it or something U but nice to see the dividend income flowing in I love that more more dividends couch profit love it uh but yeah as you can see we're we're making some good money over here having a lot of fun we're always here to answer questions for any of the members or anything like that um but yeah if you're if you're looking for a new home um definitely check check us out there's a link in the description you can join for free join the free section see how you like it and kind of go from there but um we got the Sam on YouTube I'm going to start a 1K account and take only swings from PB I I love it it kind of be like a 1K account challenge uh Sam joined us from YouTube here and then yeah you know see see how it works out um if you're going to be doing swing trading um you probably want to look for alerts from uh mad Maverick um that's his Discord name but he he goes by Lee that oh that's his name is Lee he's our Premier swing Trader um but we do have a lot of other analysts that do swing trades as well but but I like it start with a 1K account and just do swings and and then see see how it goes for you and then kind of go from there so I love that Sam good stuff get yourself a little account challenge there and then if all goes well with that account challenge then you know you can you obviously have a bigger account and can start doing some some other types of trading like selling options and stuff like that um but yeah almost 4:30 p.m. like I said I usually do earnings live earnings so next week I'll definitely be doing some earnings there just wasn't much to choose from today so I figured I'd talk about GameStop a little bit talk about the overall markets a little bit and um and then kind of go from there but but yeah I hope everyone enjoyed let me just make sure there's no other comments on Discord or anything like that uh let me move this back over okay yep looks like we're good to go so I hope everyone has a good night right and I'll definitely see yall in the next stream and like I say if you're looking for a new home check the link in the description come give us a shot see how you like it and if you do end up joining I definitely look forward to meeting you other than that have a great night and I'll see everybody later cheers